A ban on the construction of new hotels in Amsterdam, as part of measures to combat mass tourism, has been announced by the local government of the Dutch capital. “We want to make and keep the city livable for residents and visitors. That means no over-tourism, no new hotels and no more than 20 million […]
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Amsterdam’s hotel industry showed event-driven improvement in monthly performance, according to preliminary August 2023 data from CoStar. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. August 2023 (year-over-year % change): • Occupancy: 80.0% (+5.2%) • Average daily rate (ADR): EUR180.45 (+18.9%) • Revenue per available room […]
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The hotel industries in Amsterdam, Berlin, London, Moscow and Paris each reported improved profitability, but all remained well below pre-pandemic levels, according to STR‘s August 2021 monthly P&L data release. Building on its launch in the U.S., STR now features monthly P&L data reporting in Europe, the Middle East, Asia Pacific, and the Americas (excluding […]
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Performance results were mixed but mostly steady across the hostel markets in Amsterdam, Berlin, Edinburgh and London, according to 2019 data from STR. London London hostels filled more than eight of every 10 beds on average, reaching 83.8% occupancy for the year—the highest among the four markets and a 2.2% increase from 2018. London also […]
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Air France and KLM have signed up an agreement of cooperation with the Greek company Sky Express. According to this agreement, these three airlines can strengthen their commercial cooperation between Paris, Amsterdam and Greek islands, from a good organized system of sales. The customers have the ability to make their reservation and to travel by […]
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The European hotel industry recorded positive results in the three key performance metrics when reported in euro constant currency, according to Q1 2016 data from STR. Compared with Q1 2015, Europe reported a 0.8% increase in occupancy to 61.1%, a 2.3% rise in average daily rate to EUR102.98 and a 3.1% lift in revenue per […]
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